Fri Apr 16, 2010 12:16 GMT |
Brazil has just hosted the second annual BRIC (Brazil, Russia, India, China) summit on April 15-16, but I think there are good reasons to doubt how much strength this grouping actually has in terms of changing the world – at least in a collective fashion. Below, I list some thoughts about BRICs as a concept:… [Read more]
Tags: Brazil, BRICs, China, financial reform, geopolitical power, IMF, India, influence, rebalancing, reserve currency, Russia, summit, World Bank
Posted in: Africa, Asia, China, Commodities, Currencies, Emerging Europe, FDI, Financials, General, Geopolitics, Latin America, Political Risk, US
Wed Jun 17, 2009 18:18 GMT |
Two summits, both held in Russia this week, signal the collective desire of BRIC countries to rebalance world economic and political power away from the United States in their favour. One of the summits was the inaugural meeting of the BRIC (Brazil, Russia, India, China) group. The other was the ninth annual meeting of the… [Read more]
Tags: Brazil, BRICs, China, global influence, India, rebalancing, Russia, SCO, Shanghai Cooperation Organisation, summit
Posted in: Asia, China, Currencies, Emerging Europe, General, Geopolitics, Latin America, Political Risk